Stories
Sanlam money modular sessions have a huge impact on people's lives,I had the most interesting and informative session ever at Shakaland technical College.I also learnt a lot of things When we were doing the budget,they told me that they do recieve a stipend from SeTA,so they don't want to misuse it and later regret it. We started looking at the budget and made an example of one participant,who said she has a problem of buying cosmetic bags,to a point where she has lots of them,she always regrets her purchases later. Another thing,when we got to savings and investing,they were really keen on knowing more about Sanlam products,so that they can invest for their goals.I really do hope that Sanlam calls them and explain their products,so that they are able to save or invest accordingly. The questions they asked,were very relevant and some also gave me food for thought.Scams and Fraud session was a bit emotional for some, they shared their experiences,one participant was saying that she was going to deposit money for a job offer she had received.After looking closely at the communication she had,which was via sms,we did conclude that it was a scam and she should just delete everything.
As South Africans, our experience with money is probably as diverse as our population. There are significant gaps in understanding basic financial concepts. Hollard empower people to live with confidence, go after their goals and believe they can build a better life. For example, how can you save for retirement properly, if you don’t know how much you need? Hollards programme helps with Freeing up disposable income to save and invest for short-, medium- and long-term goals. Starting small, with the creation of an emergency fund, for example, can minimise one’s risk of future debt and help lead to long-term financial freedom. We as facilitators we encourage participants to take control and personal responsibility for upskilling yourself on the basic principles of finances. This includes self-reading, research and asking questions. We hope to touch more lives with this programme but we know as well the difficulties of people committing and actually coming to this training opportunities is a struggle. But we work with those who have the boldness to attend and hope to encourage the other to take up this opportunity.
As South Africans, our experience with money is probably as diverse as our population. There are significant gaps in understanding basic financial concepts. Hollard empower people to live with confidence, go after their goals and believe they can build a better life. For example, how can you save for retirement properly, if you don’t know how much you need? Hollards programme helps with Freeing up disposable income to save and invest for short-, medium- and long-term goals. Starting small, with the creation of an emergency fund, for example, can minimise one’s risk of future debt and help lead to long-term financial freedom. We as facilitators we encourage participants to take control and personal responsibility for upskilling yourself on the basic principles of finances. This includes self-reading, research and asking questions. We hope to touch more lives with this programme but we know as well the difficulties of people committing and actually coming to this training opportunities is a struggle. But we work with those who have the boldness to attend and hope to encourage the other to take up this opportunity.
Financial literacy changes people’s life all the time I feel privileged to be part of this life changing programme Participants from different sessions always show appreciation for this programme that help them to curse the circle of poverty in their lives
The session went well. The candidates were a mix of youths and older people but there was no intomation of anyone. Older people shared their experience in particular one lady who is a qualied nurse. She worked on contract for one private clinic and when covid 19 started she was rentrenched. She shared how with proper financial goals she managed to start a small business by saving small amounts. The group was very energetic.
Hollard Streetwise Finance- The training took place since October 2021. Most of my trainings took place in Khayelitsha township in Cape Town. Trainings were so inspiring and informative. Most of my participants are unemployed but these training prepared them in case they get employment they are able to manage their finances. All of these sessions were well organized and they were organized by community leaders. Community leaders appreciated these trainings and they attended as well. The training was an eye-opener to the participants especially setting saving goals. They were so keen to attend more trainings around this subject. They were able to identify insurance products they need, according to their livelihoods. After the training they questioned more about retirement. The only challenge is that some participants don't have cellphone so they struggle to do calculations, I would like to recommend calculators for participants. Other than that most of the trainings went smooth.
Apologies for not sending review of my session, I concentrated on the report. ( 1.aha moments: all participants showed hunger to know more about insurance as a topic that hits home.Normal expectation from young group of participants is that after first break some will not return but all of them returned showing keen interest in the course particularly activities. 2. Not so great moment: some participants raised issues that were real to them and very touchy, such as " how do you expect them to budget when they are not working. They were even asking if certificate they are going to receive have any value to their CV's". There was energetic engagement from all participants and non of them felt left out. 3. Overall review: The session went very well, started my session with 24 participants and closed with 24 which gives me 100% retention of participants.
